Pasadena Market Update | Q4 2015

Market Highlights

In the fourth quarter of 2015, four of the five areas covered in this market report enjoyed a steady increase in their average selling price, according to the Pasadena Foothills Association of Realtors ITEC Multiple Listing Service.

The average selling price in Pasadena reached just over $1 million representing a 54% gain from five years ago.

The number of units sold in the fourth quarter of 2015 vs. 2014 increased in four of the five areas covered in this report.

San Marino, which experienced a 33% increase in units sold from 24 to 32, and Altadena, which also stood out with a 14.9% increase from prior year.